Financial

Will Sancus Lending Group Pay Fair to their CEO After Recent Performance?
August 09, 2024 09:00 AM AEST| By Team Kalkine MediaSancus Lending Group Limited will hold its Annual General Meeting (AGM) on August 16th, where shareholders will have the opportunity to review and discuss key aspects of the company's performance and executive compensation. CEO Rory Jonathan Mepham's...
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Why Scottish Mortgage Might Be Worth Watching After Recent Drop
August 09, 2024 09:00 AM AEST| By Team Kalkine MediaScottish Mortgage Investment Trust has seen its share value fall sharply over the past month. While the FTSE 100 index has decreased by 0.6%, shares in this financial service stock have dropped by 8.2%. This decline has reversed a significant portion...

TBC Bank Surges After Solid First-Half Performance
August 09, 2024 09:00 AM AEST| By Team Kalkine MediaTBC Bank Group, headquartered in Georgia, announced solid results for the first half of the year on Friday, showcasing notable year-on-year improvements in its financial metrics. The FTSE 250 company highlighted a strong performance in its,Financial...

Beazley Reports Profit Growth on Higher Premiums, Reveals Focus on Cyber Risk
August 08, 2024 09:11 PM AEST| By Team Kalkine MediaBeazley PLC (LSE: BEZ) reported an increase in interim profit, with pretax profit nearly doubling to USD 728.9 million for the six months ending June 30, 2024, compared to USD 336.4 million in the same period the previous year.,Premium Growth and Imp...

IG Group Sees Share Increase After Optimistic Review
August 08, 2024 08:59 PM AEST| By Team Kalkine MediaShares in IG Group Holdings Plc, a company in the,financial sector,, rose following a positive note from UBS, which highlighted the trading services firm's potential under the leadership of new CEO Breon Corcoran. UBS initiated coverage with a favora...

Hermes Pacific Exits London AIM Market Amidst Share Value Concerns
August 08, 2024 08:40 PM AEST| By Team Kalkine MediaHermes Pacific (LON: HPAC), an investment firm listed on London's AIM market since 2013, has decided to exit the exchange. The firm has expressed concerns over the undervaluation of its shares, which have decreased from 147 pence on September 30, 202...

Shawbrook Reports Decline in Underlying Profit Amid Margin Compression
August 08, 2024 08:34 PM AEST| By Team Kalkine MediaShawbrook (LON: SHAW) has disclosed a decrease in its underlying profit for the first half of 2024. The underlying pretax profit for the period was £124.5 million, down from £149.3 million recorded during the same timeframe in the previous year. This...

Beazley’s profit reaches $728.9mn in 1HFY24, boosted by insurance written premiums
August 08, 2024 08:02 PM AEST| By Team Kalkine MediaBeazley plc (LSE:BEZ) has announced its financial results for the first half of 2024, showcasing a record profit and strong performance across key metrics. For the period ending 30 June 2024, the global specialist insurer reported a remarkable profit...

Is Argentex Group on the Path to Recovery After a Prolonged Decline?
August 08, 2024 07:04 PM AEST| By Team Kalkine MediaArgentex Group PLC (LSE: AGFX) has experienced a 26% increase in its share price over the past month. Despite this recent rise, it is unlikely to fully counterbalance the decline the stock has faced over the last five years. During this period, the s...

Legal & General Group Faces Challenges Despite High Dividend Yield
August 08, 2024 07:00 PM AEST| By Team Kalkine MediaLegal & General Group shares are currently trading near post-pandemic lows, even as they offer one of the highest dividend yields in the UK,financial sector,at 10%. This high yield is underscored by the company’s recent half-year results, which inclu...

Is This Stock's Recent Decline Justified by Its Financial Health?
August 08, 2024 06:32 PM AEST| By Team Kalkine MediaPrudential PLC (LON: PRU) has seen an 18% decline in its stock price over the past three months. This drop may overshadow the positive aspects of the company’s fundamentals, suggesting that the market is more focused on negative indicators. Understan...

Lloyds Stock Decline While Despite Annual Performance
August 08, 2024 06:20 PM AEST| By Team Kalkine MediaLloyds Banking Group has experienced a recent downturn, reflecting broader trends in the FTSE 100 index and the,financial sector,. The share price fell by 7.75% over the past week, although it has shown signs of recovery with a 1.89% increase this mo...

Is ASA International's Low P/E Justified?
August 08, 2024 06:13 PM AEST| By Team Kalkine MediaASA International Group PLC (LSE: ASAI) currently exhibits a price-to-earnings (P/E) ratio of 12.8x. This valuation is lower compared to most companies in the United Kingdom, where nearly 50% of firms have P/E ratios exceeding 17x, and ratios above 2...

Exploring Ashmore Group's Decline and Current Standing
August 08, 2024 05:40 PM AEST| By Team Kalkine MediaAshmore Group PLC , a £1.2 billion asset management firm specializing in emerging markets, has seen its share price plummet by 70% from its peak in February 2020. As a,financial sector stock,, this significant drop prompts a closer examination of the...

Evaluating Share Price Drop and Result at Impax Asset Management
August 08, 2024 05:10 PM AEST| By Team Kalkine MediaA significant Player of,Financial sector,Impax Asset Management Group PLC has experienced a substantial decline in its share price over the past three years, with a 73% drop. This negative trend has persisted, with the share price falling 31% over th...

Braveheart Investment Group Expands Stake in Image Scan Holdings
August 08, 2024 05:07 PM AEST| By Team Kalkine MediaOn Wednesday, Braveheart Investment Group (LSE: BRH) announced an increase in its investment in Image Scan Holdings, a portfolio company specializing in security imaging solutions.,Details of the Share Acquisition,Between March 31 and August 2, Brave...

Saga plc's Market Cap Drop and Potential Institutional Responses
August 08, 2024 05:00 PM AEST| By Team Kalkine MediaSaga plc (,LSE:SAGA,) has recently seen its market capitalization decrease by £17 million, adding to its already significant one-year loss of 29%. This decline is notable given the substantial influence institutional shareholders have over the compan...

Kazera Global Makes Bold Moves in Strategic Assets
August 08, 2024 09:00 AM AEST| By Team Kalkine MediaKazera Global PLC, a company in the,financial sector,, saw a 12.5% increase in its share price on Wednesday following the announcement of increased stakes in two of its portfolio companies, Deep Blue Minerals and Whale Head Minerals. Kazera has acqui...

Beazley Reports Record Results and Notable Performance in First Half
August 08, 2024 09:00 AM AEST| By Team Kalkine MediaBeazley plc an significant player of,Financial Sector,announced a record profit before tax of $728.9 million for the first half of the year, marking a substantial increase from the $366.4 million reported during the same period in 2023. This impressi...

Frontier IP Group Grants £1M to GraphEnergyTech
August 07, 2024 11:38 PM AEST| By Team Kalkine MediaGraphEnergyTech, operating in the,Technology sector,, has secured £1 million in its first external equity funding round led by Aramco Ventures. The company, a portfolio entity of Frontier IP Group PLC, focuses on developing high-conductivity graphene...
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